Boeing Delivers Most Jets in 18 Months With Boost From Beijing
The US planemaker handed over 42 of its 737 Max models last month, the most since a near-catastrophe plunged it into crisis in early 2024. Eight of Boeing's deliveries went to China after President Donald Trump and Chinese leader Xi Jinping backed away from a showdown over tariffs.
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Miami Herald
22 minutes ago
- Miami Herald
Ford Ends Employee Pricing But Launches Aggressive New Incentives for July
As Americans braced for the worst-case scenario in light of President Trump's 25% tariffs on foreign auto imports, Ford announced a new promotional campaign called "From America, For America" aimed at alleviating some of the fears that would have kept once-eager car buyers from purchasing new cars. While other automakers like Hyundai, Genesis, and Nissan sent letters to dealers and/or launched programs that promised their dealers and customers that their vehicles' MSRPs would not increase until June, Ford did something slightly different. The Dearborn-based automaker not only bolstered its homegrown, "made-in-America" image by reaffirming its manufacturing roots, but also introduced an employee pricing program that proved to be popular with its buyers. Following three months of employee pricing discounts, Ford is entering the third quarter and the second half of 2025 with a bang, as it introduces a new pricing scheme to attract value-conscious buyers to the beacon of the Blue Oval. In an announcement on July 8, the automaker said that in place of the employee pricing program, it will follow up by offering no-interest financing for 48 months, with no money down and no payments required for the first 90 days on most Ford and Lincoln cars. In a blog post on Ford's website, Rob Kaffl, Ford's director of U.S. sales and dealer relations, said that the company came up with the program after hearing from its dealers that "more customers could benefit if we could reduce the upfront, out-of-pocket expense to buy or lease a vehicle," adding that other everyday expenses are disincentivizing buyers from a new set of wheels. "Many families have seen their savings go toward higher mortgage rates and summer travel costs," he said. "They want a new vehicle but also want options that allow them to forgo an upfront down payment." The "0-0-0 summer sales event," as Ford calls it, begins on July 8 and follows a very successful sales program for the automaker. According to newly released Ford sales data, the employee pricing campaign has successfully gotten more people into new vehicles. Year-over-year sales of Ford and Lincoln vehicles shot up by 14% in Q2 2025, while their market share jumped by 1.8 percentage points. In a statement on July 1, Ford said sales in the second quarter were bolstered by strong pickup and hybrid sales, even as EV sales took a 31% dip. According to the automaker, Q2 2025 was the best second quarter for the ever-popular F-series truck since 2019, while its smaller brother, the Maverick, saw its best sales quarter since its 2021 debut. "We blew the doors off the overall industry with our second-quarter sales," Andrew Frick, president of Ford Blue and Model e, said in a statement. "Customers continue appreciating our broad powertrain choices [...] and our Ford Motor Company: From America, For America commitment." It should be said that the fine print does contain some potential deal-breaking caveats that could drive some buyers away from taking potential purchasing actions. They include the fact that the Triple Zero deal is excluded from 2024 model year Ford Raptor vehicles, Maverick, Ranger, non-ICE versions of the Transit, non-XL Super Duty pickups, F-150 Lightning, and Mustang Mach-E. Additionally, the Triple Zero deal is not eligible to be used on 2025 model year Ford Raptor vehicles, Maverick, Ranger, Transit, Super Duty, and popular cars, including the Bronco Sport, Bronco, Expedition, and the Lincoln Navigator. Not only does Ford state that buyers are responsible for tax, title, license, and dealer fees, but they also mention that "Not all buyers will qualify" for the advertised Triple Zero deal. This is important to note, as data from Edmunds states that 0% finance deals are incredibly rare, accounting for just 0.9% of new-vehicle loans in Q2 2025, the lowest share Edmunds recorded since 2004, and down from 1% in Q1 2025 and 2.9% in Q2 2024. However, despite this, Ford's action shows that it is willing to work to make its vehicles more accessible to buyers, as affordability will become more of a consideration going into the second half of the year. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Yahoo
23 minutes ago
- Yahoo
Rocket Lab (RKLB) Jumps 9.03% on Rosy Prospects from Trump-Musk Feud
Rocket Lab Corporation (NASDAQ:RKLB) is one of the . Rocket Lab jumped by 9.03 percent on Monday to finish at $38.88 apiece as investors gobbled up shares amid rosy opportunities from the ongoing feud between President Donald Trump and billionaire Elon Musk. This followed Musk's announcement on Monday that he was forming a new American political party called The America Party to take on Republicans and Democrats, a move that has provoked Trump. Shares in Musk-led Tesla Inc. (NASDAQ:TSLA) dropped following the statement, while investors deemed the spat as a huge opportunity for Rocket Lab Corporation (NASDAQ:RKLB)—a space company that directly competes with Musk's SpaceX—on expectations that the feud could shift government contracts away from SpaceX. A launch pad atop a grassy hill, smoke filled sky from a successful voyage to space. Late last month, Rocket Lab Corporation (NASDAQ:RKLB) successfully launched its 68th Electron rocket, called 'Symphony in the Stars' for a confidential commercial client. The Symphony in the Stars marked the company's 10th launch in 2025 alone. While we acknowledge the potential of RKLB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
24 minutes ago
- Yahoo
How major US stock indexes fared Tuesday, 7/8/2025
Wall Street ended mixed a day after a broad sell-off in response to the Trump administration setting new tariffs on more than a dozen nations. The S&P 500 slipped 0.1% Tuesday. The Dow Jones Industrial Average fell 0.4%, and the Nasdaq composite was little changed. The sluggish trading came a day after the S&P 500 had its biggest drop since June as President Donald Trump announced a 25% tax on imports from Japan and South Korea and new tariff rates on other nations set to go into effect Aug. 1. The S&P 500 remains near the record it set last week. On Tuesday: The S&P 500 fell 4.46 points, or 0.1%, to 6,225.52. The Dow Jones Industrial Average fell 165.60 points, or 0.4%, to 44,240.76. The Nasdaq composite rose 5.95 points, less than 0.1%, to 20,418.46. The Russell 2000 index of smaller companies rose 14.51 points, or 0.7%, to 2,228.74. For the week: The S&P 500 is down 53.83 points, or 0.9%. The Dow is down 587.77 points, or 1.3%. The Nasdaq is down 182.64 points, or 0.9%. The Russell 2000 is down 20.30 points, or 0.9%. For the year: The S&P 500 is up 343.89 points, or 5.8%. The Dow is up 1,696.54 points, or 4%. The Nasdaq is up 1,107.67 points, or 5.7%. The Russell 2000 is down 1.42 points, or 0.1%.
